Income Statement
Balance Sheet
Cash Flow
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 675,000 | 813,000 | 572,000 | 645,000 | 502,000 |
| Operating Revenue | 675,000 | 813,000 | 572,000 | 645,000 | 502,000 |
| Cost Of Revenue | 191,000 | 291,000 | 125,000 | 274,000 | 88,000 |
| Gross Profit | 484,000 | 522,000 | 447,000 | 371,000 | 414,000 |
| Selling General And Administration | 2.9M | 2.8M | 3.7M | 2.7M | 2.8M |
| General And Administrative Expense | 2.9M | 2.8M | 3.7M | 2.7M | 2.8M |
| Depreciation And Amortization In Income Statement | 53,000 | 26,000 | 41,000 | 60,000 | 51,000 |
| Other Operating Expenses | 619,000 | 234,000 | 348,000 | 157,000 | 713,000 |
| Operating Expense | 3.6M | 3.0M | 4.1M | 2.9M | 3.5M |
| Operating Income | -3.1M | -2.5M | -3.7M | -2.5M | -3.1M |
| EBIT | -29.0M | -758,000 | -11.5M | 4.2M | -9.0M |
| Interest Expense | 1.4M | 1.2M | 1.1M | 999,000 | 970,000 |
| Interest Expense Non Operating | 1.4M | 1.2M | 1.1M | 999,000 | 970,000 |
| Net Interest Income | 888,000 | 2.0M | -1.1M | -999,000 | -970,000 |
| Other Income Expense | -28.1M | -1.4M | -7.8M | 6.7M | -5.9M |
| Other Non Operating Income Expenses | -46,000 | -57,000 | -59,000 | -40,000 | -163,000 |
| Gain On Sale Of Security | -28.0M | -1.3M | -7.8M | 6.7M | -5.8M |
| Earnings From Equity Interest | -- | -- | -- | 0.00 | 0.00 |
| Pretax Income | -30.3M | -1.9M | -12.6M | 3.2M | -10.0M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 1.0M | 0.00 |
| Net Income From Continuing And Discontinued Operation | -30.3M | -1.9M | -12.6M | 3.2M | -10.0M |
| Net Income From Continuing Operation Net Minority Interest | -30.3M | -1.9M | -12.6M | 3.2M | -10.0M |
| Net Income Including Noncontrolling Interests | -30.3M | -1.9M | -12.6M | 3.2M | -10.0M |
| Net Income Common Stockholders | -30.3M | -1.9M | -12.6M | 3.2M | -10.0M |
| Net Income | -30.3M | -1.9M | -12.6M | 3.2M | -10.0M |
| EBITDA | -28.9M | -701,000 | -11.5M | 4.2M | -9.0M |
| Normalized EBITDA | -859,000 | 642,000 | -3.7M | -2.5M | -3.2M |
| Reconciled Depreciation | 69,000 | 57,000 | 60,000 | 61,000 | 63,000 |
| Basic EPS | -0.11 | 0.00 | -0.04 | -- | -0.04 |
| Diluted EPS | -0.11 | 0.00 | -0.04 | -- | -0.04 |
| Basic Average Shares | 287.0M | 284.9M | 284.8M | -- | 281.7M |
| Diluted Average Shares | 287.0M | 284.9M | 284.8M | -- | 281.7M |
| Total Unusual Items | -28.0M | -1.3M | -7.8M | 6.7M | -5.8M |
| Total Unusual Items Excluding Goodwill | -28.0M | -1.3M | -7.8M | 6.7M | -5.8M |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.15 | 0.00 |
| Normalized Income | -2.3M | -590,000 | -4.8M | -2.6M | -4.2M |
| Depreciation Amortization Depletion Income Statement | 53,000 | 26,000 | 41,000 | 60,000 | 51,000 |
| Diluted NI Availto Com Stockholders | -30.3M | -1.9M | -12.6M | 3.2M | -10.0M |
| Insurance And Claims | 98,000 | 82,000 | 101,000 | 105,000 | 105,000 |
| Net Income Continuous Operations | -30.3M | -1.9M | -12.6M | 3.2M | -10.0M |
| Net Income Discontinuous Operations | 0.00 | 0.00 | -3,000 | -4,000 | 0.00 |
| Net Non Operating Interest Income Expense | 888,000 | 2.0M | -1.1M | -999,000 | -970,000 |
| Other Gand A | 1.5M | 1.3M | 1.3M | 1.4M | 1.3M |
| Reconciled Cost Of Revenue | 175,000 | 260,000 | 106,000 | 273,000 | 76,000 |
| Salaries And Wages | 1.4M | 1.3M | 2.3M | 1.2M | 1.3M |
| Total Expenses | 3.8M | 3.3M | 4.3M | 3.2M | 3.6M |
| Total Other Finance Cost | -2.3M | -3.1M | -- | -- | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 5.9M | 3.1M | 1.7M | 3.0M | 5.8M |
| Cash Cash Equivalents And Short Term Investments | 5.9M | 3.1M | 1.7M | 3.0M | 5.8M |
| Cash Financial | 5.9M | 3.1M | 1.7M | 3.0M | 5.8M |
| Accounts Receivable | 433,000 | 306,000 | 310,000 | 300,000 | 337,000 |
| Receivables | 433,000 | 306,000 | 310,000 | 451,000 | 337,000 |
| Inventory | 218,000 | 244,000 | 201,000 | 229,000 | 318,000 |
| Prepaid Assets | -- | -- | -- | 790,000 | -- |
| Other Current Assets | 711,000 | 934,000 | 1.1M | -- | 882,000 |
| Current Assets | 7.3M | 4.6M | 3.3M | 4.5M | 7.3M |
| Gross PPE | 524,000 | 578,000 | 631,000 | 4.3M | 743,000 |
| Accumulated Depreciation | -- | -- | -- | -3.6M | -- |
| Net PPE | 524,000 | 578,000 | 631,000 | 687,000 | 743,000 |
| Goodwill And Other Intangible Assets | 347,000 | 334,000 | 171,000 | 175,000 | 180,000 |
| Other Intangible Assets | -- | -- | -- | 175,000 | -- |
| Investments And Advances | -- | -- | -- | 0.00 | 0.00 |
| Long Term Equity Investment | -- | -- | -- | 0.00 | 0.00 |
| Total Non Current Assets | 871,000 | 912,000 | 802,000 | 862,000 | 923,000 |
| Total Assets | 8.1M | 5.5M | 4.1M | 5.3M | 8.2M |
| Current Debt | 16.1M | 14.9M | 14.8M | 14.4M | 12.9M |
| Current Debt And Capital Lease Obligation | 16.2M | 15.0M | 14.9M | 14.6M | 13.0M |
| Accounts Payable | 3.0M | 3.2M | 4.3M | 990,000 | 3.0M |
| Payables | 3.0M | 3.2M | 4.3M | 1.2M | 3.0M |
| Payables And Accrued Expenses | 3.0M | 3.2M | 4.3M | 2.8M | 3.0M |
| Current Accrued Expenses | -- | -- | -- | 1.5M | -- |
| Current Deferred Revenue | 759,000 | 510,000 | 720,000 | 380,000 | 502,000 |
| Other Current Liabilities | 47.4M | 19.5M | 17.5M | 9.7M | 17.4M |
| Current Liabilities | 67.4M | 38.3M | 37.5M | 27.4M | 33.9M |
| Long Term Debt | 4.5M | 2.3M | -- | -- | -- |
| Long Term Debt And Capital Lease Obligation | 4.7M | 2.6M | 338,000 | 371,000 | 404,000 |
| Long Term Capital Lease Obligation | 270,000 | 304,000 | 338,000 | 371,000 | 404,000 |
| Total Non Current Liabilities Net Minority Interest | 9.4M | 7.4M | 5.3M | 5.4M | 5.6M |
| Total Liabilities Net Minority Interest | 76.8M | 45.7M | 42.8M | 32.9M | 39.5M |
| Common Stock | 93.8M | 91.2M | 90.9M | 90.6M | 89.9M |
| Capital Stock | 93.8M | 91.2M | 90.9M | 90.6M | 89.9M |
| Additional Paid In Capital | 10.1M | 10.1M | 10.1M | 10.1M | 10.1M |
| Retained Earnings | -185.7M | -155.4M | -153.4M | -140.8M | -144.0M |
| Common Stock Equity | -68.7M | -40.2M | -38.7M | -27.5M | -31.3M |
| Stockholders Equity | -68.7M | -40.2M | -38.7M | -27.5M | -31.3M |
| Total Equity Gross Minority Interest | -68.7M | -40.2M | -38.7M | -27.5M | -31.3M |
| Total Capitalization | -64.2M | -37.9M | -38.7M | -27.5M | -31.3M |
| Net Tangible Assets | -69.0M | -40.5M | -38.9M | -27.7M | -31.5M |
| Tangible Book Value | -69.0M | -40.5M | -38.9M | -27.7M | -31.5M |
| Working Capital | -60.1M | -33.7M | -34.3M | -23.0M | -26.6M |
| Invested Capital | -48.1M | -23.0M | -23.9M | -13.1M | -18.4M |
| Total Debt | 21.0M | 17.6M | 15.3M | 14.9M | 13.4M |
| Net Debt | 14.7M | 14.1M | 13.1M | 11.4M | 7.1M |
| Share Issued | 289.1M | 285.8M | 285.1M | 284.3M | 282.8M |
| Ordinary Shares Number | 289.1M | 285.8M | 285.1M | 284.3M | 282.8M |
| Allowance For Doubtful Accounts Receivable | -- | -- | -- | 0.00 | -- |
| Capital Lease Obligations | 404,000 | 436,000 | 468,000 | 500,000 | 530,000 |
| Current Capital Lease Obligation | 134,000 | 132,000 | 130,000 | 129,000 | 126,000 |
| Current Deferred Liabilities | 759,000 | 510,000 | 720,000 | 380,000 | 502,000 |
| Current Notes Payable | 16.1M | 14.9M | 14.8M | 14.4M | 12.9M |
| Finished Goods | -- | -- | -- | 105,000 | -- |
| Gross Accounts Receivable | -- | -- | -- | 300,000 | -- |
| Investmentsin Associatesat Cost | -- | -- | -- | 0.00 | 0.00 |
| Leases | -- | -- | -- | 392,000 | -- |
| Machinery Furniture Equipment | -- | -- | -- | 1.8M | -- |
| Non Current Deferred Liabilities | 4.7M | 4.8M | 4.9M | 5.0M | 5.2M |
| Non Current Deferred Revenue | 4.7M | 4.8M | 4.9M | 5.0M | 5.2M |
| Other Current Borrowings | -- | -- | -- | -- | -- |
| Other Equity Interest | 13.1M | 13.9M | 13.7M | 12.6M | 12.7M |
| Other Payable | -- | -- | -- | 257,000 | -- |
| Other Properties | 524,000 | 578,000 | 631,000 | 2.0M | 743,000 |
| Other Receivables | -- | -- | -- | 134,000 | -- |
| Properties | -- | -- | -- | 0.00 | -- |
| Raw Materials | -- | -- | -- | 118,000 | -- |
| Taxes Receivable | -- | -- | -- | 17,000 | -- |
| Work In Process | -- | -- | -- | 6,000 | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | -2.7M | -2.7M | -1.4M | -2.3M | -2.9M |
| Cash Flow From Continuing Operating Activities | -2.7M | -2.7M | -1.4M | -2.3M | -2.9M |
| Depreciation And Amortization | 69,000 | 57,000 | 60,000 | 61,000 | 63,000 |
| Depreciation Amortization Depletion | 69,000 | 57,000 | 60,000 | 61,000 | 63,000 |
| Stock Based Compensation | 336,000 | 307,000 | 1.3M | 178,000 | 241,000 |
| Change In Working Capital | 8,000 | -564,000 | 919,000 | -203,000 | -113,000 |
| Change In Receivables | -127,000 | 4,000 | 141,000 | -114,000 | 15,000 |
| Change In Inventory | 26,000 | -43,000 | 28,000 | 89,000 | -46,000 |
| Change In Payables And Accrued Expense | -241,000 | -339,000 | 820,000 | -27,000 | 12,000 |
| Change In Payable | -241,000 | -339,000 | 820,000 | -27,000 | 12,000 |
| Change In Other Working Capital | 127,000 | -331,000 | 219,000 | -243,000 | -144,000 |
| Other Non Cash Items | -807,000 | -1.9M | 1.1M | 1.0M | 1.2M |
| Capital Expenditure | -28,000 | -- | -- | -- | -4,000 |
| Purchase Of PPE | 0.00 | 0.00 | 0.00 | 1,000 | -4,000 |
| Net PPE Purchase And Sale | 0.00 | 0.00 | 0.00 | 1,000 | -4,000 |
| Investing Cash Flow | -28,000 | -167,000 | 0.00 | 1,000 | -4,000 |
| Cash Flow From Continuing Investing Activities | -28,000 | -167,000 | 0.00 | 1,000 | -4,000 |
| Issuance Of Debt | 4.2M | -- | -- | 0.00 | 1.4M |
| Repayment Of Debt | -56,000 | -22,000 | -38,000 | -38,000 | -39,000 |
| Net Issuance Payments Of Debt | 4.1M | 5.5M | -38,000 | -38,000 | 1.3M |
| Financing Cash Flow | 5.5M | 4.3M | 116,000 | -477,000 | 1.1M |
| Cash Flow From Continuing Financing Activities | 5.5M | 4.3M | 116,000 | -477,000 | 1.1M |
| Changes In Cash | 2.8M | 1.4M | -1.3M | -2.8M | -1.8M |
| Beginning Cash Position | 3.1M | 1.7M | 3.0M | 5.8M | 7.5M |
| End Cash Position | 5.9M | 3.1M | 1.7M | 3.0M | 5.8M |
| Free Cash Flow | -2.7M | -2.9M | -1.4M | -2.3M | -2.9M |
| Amortization Cash Flow | 15,000 | 4,000 | 4,000 | 5,000 | 4,000 |
| Amortization Of Intangibles | 15,000 | 4,000 | 4,000 | 5,000 | 4,000 |
| Cash Dividends Paid | 0.00 | -- | -- | 0.00 | 0.00 |
| Change In Prepaid Assets | 223,000 | 145,000 | -289,000 | 92,000 | 50,000 |
| Depreciation | 54,000 | 53,000 | 56,000 | 56,000 | 59,000 |
| Gain Loss On Investment Securities | 27.5M | 2.9M | 7.8M | -8.5M | 6.2M |
| Gain Loss On Sale Of Business | -- | -- | -- | 0.00 | 0.00 |
| Interest Paid Cff | -102,000 | -- | -- | -455,000 | -276,000 |
| Long Term Debt Issuance | 4.2M | -- | -- | 0.00 | 1.4M |
| Long Term Debt Payments | -56,000 | -22,000 | -38,000 | -38,000 | -39,000 |
| Net Foreign Currency Exchange Gain Loss | 571,000 | -1.6M | -26,000 | 2.0M | -461,000 |
| Net Income From Continuing Operations | -30.3M | -1.9M | -12.6M | 3.2M | -10.0M |
| Net Intangibles Purchase And Sale | -28,000 | -- | -- | -- | 0.00 |
| Net Long Term Debt Issuance | 4.1M | 5.5M | -38,000 | -38,000 | 1.3M |
| Net Other Financing Charges | -5,000 | -- | -- | 0.00 | -44,000 |
| Operating Gains Losses | 28.0M | 1.3M | 7.8M | -6.5M | 5.7M |
| Proceeds From Stock Option Exercised | 1.5M | 186,000 | 154,000 | 16,000 | 124,000 |
| Purchase Of Intangibles | -28,000 | -- | -- | -- | 0.00 |